Thomson Reuters Matching Adds Malaysian Ringgit and Philippines Peso
- Emerging Asia currencies are making its way to the Thomson Reuters platform as interest in trading currencies outside of G7 is increasing and the volatility of emerging market currencies is rising.
The currency markets across emerging markets have been increasingly volatile in the past year, with the Turkish lira, the Russian ruble and Thai baht experiencing substantial Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term due to political events in the countries.
One of the leading anonymous electronic trading platforms on the foreign exchange market, Thomson Reuters Matching, is going to start offering real-time electronic trading of spot and forwards on the Malaysian Ringgit and the Philippines Peso.
The platform already provides real time pricing for more than 60 spot FX pairs and over 30 swaps.
Thomson Reuters established its presence in Malaysia and the Philippines many years ago, and delivering access to a centralized electronic order book to onshore banks will provide them with an increased number of reference rates on the levels of the USD/MYR and USD/PHP pairs, increasing efficiency, Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and transparency of the Malaysian ringgit and Philippine peso markets.
Thomson Reuters has partnered with the Philippine Dealing System Holdings Corp. & Subsidiaries (PDS Group) to provide Thomson Reuters Matching to members of the Bankers Association of the Philippines, while in Malaysia, Bank Negara Malaysia has granted an approval to conduct electronic money-broking services, making Matching the first electronic matching system for USD/MYR.
Thomson Reuters’ Asian Head of Liquidity Sales Nigel Fuller said in the company announcement, “Extending our market standard Matching capabilities to new markets has been a constant theme for us and, with the support of local market participants we believe that Matching will be a valued source of liquidity and help drive efficiency throughout the trade cycle, thus promoting long-term growth of the interbank foreign exchange market.”
The currency markets across emerging markets have been increasingly volatile in the past year, with the Turkish lira, the Russian ruble and Thai baht experiencing substantial Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term due to political events in the countries.
One of the leading anonymous electronic trading platforms on the foreign exchange market, Thomson Reuters Matching, is going to start offering real-time electronic trading of spot and forwards on the Malaysian Ringgit and the Philippines Peso.
The platform already provides real time pricing for more than 60 spot FX pairs and over 30 swaps.
Thomson Reuters established its presence in Malaysia and the Philippines many years ago, and delivering access to a centralized electronic order book to onshore banks will provide them with an increased number of reference rates on the levels of the USD/MYR and USD/PHP pairs, increasing efficiency, Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and transparency of the Malaysian ringgit and Philippine peso markets.
Thomson Reuters has partnered with the Philippine Dealing System Holdings Corp. & Subsidiaries (PDS Group) to provide Thomson Reuters Matching to members of the Bankers Association of the Philippines, while in Malaysia, Bank Negara Malaysia has granted an approval to conduct electronic money-broking services, making Matching the first electronic matching system for USD/MYR.
Thomson Reuters’ Asian Head of Liquidity Sales Nigel Fuller said in the company announcement, “Extending our market standard Matching capabilities to new markets has been a constant theme for us and, with the support of local market participants we believe that Matching will be a valued source of liquidity and help drive efficiency throughout the trade cycle, thus promoting long-term growth of the interbank foreign exchange market.”